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An X-shaped recession
in Sox First, on July 14, 2009
...48, and the average worker had no wage gain in June. Commentators say what's needed is another stimulus. But will it do any good? As Bill Clinton's secretary of Labor Robert Reich says in S...
Do you still have faith in Obama's stimulus plans?
in The Mortgage Roadmap, on July 10, 2009
...ey stood just one year earlier.
So the question is: Do you have any faith in Obama's economic stimulus plans ? According to a story by the New York Times, a growing number of citizens no longer ...
Another stimulus package
in Sox First, on July 6, 2009
...ouriel Roubini , Paul Krugman and Warren Buffett have made it clear that the US needs a second stimulus. If there isn't, they say the US will be absolutely screwed. Biden has hosed down the ...
Beware the China bubble
in Sox First, on June 29, 2009
...nues to function largely without a glitch, but Fitch is growing increasingly wary. Future losses on stimulus could turn out to be larger than expected, and it is unclear what share the central and/or ...
Stimulus packages create corruption opportunities
in Sox First, on June 23, 2009
...
The global stimulus packages are likely to provide massive opportunities for fraud, according to a report from risk consultancy Kroll . According to the report, corruption could swipe about $500 ...
Recession drawing to an end. So what?
in Sox First, on June 20, 2009
... energy prices driven by demand out of China and India and higher taxes to pay for health costs and stimulus policies of the Obama administration. Yes, the economy will be out of recession. But for m...
The slow recovery
in Sox First, on June 16, 2009
...ut at least it's headed in the right direction. The IMF praises the administration's fiscal stimulus but still concedes that the balance of the risks is tilted towards the downside. Downside ...
The Coming Solar Revival
in IfEnergy, on June 15, 2009
... Werner says that the Treasury Department's cash grant program (part of February's economic stimulus package) will begin to bring new life into the industry in July.
SunPower is the U.S.'...
It will be years before jobs return
in Sox First, on June 15, 2009
...
So Barack Obama has declared that his stimulus package will create 600,000 jobs this summer. Don't hold your breath. According to this report from McClatchy Newspapers , most of the count...
US President Obama's Eating Habits, BEing Followed By Foodies
in Do you like to cook?, on June 10, 2009
...eled on his own dime to prepare the presidential meal in April. "This has been our own private stimulus package."
Well at least, now we know that just like any other american, President Ob...
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in Wangtam, on May 28, 2009
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Batteries Get Stimulus Grants
in IfEnergy, on May 27, 2009
VentureBeat pointed out last week that $2 billion worth of federal grants were being awarded to battery makers in the near future. Grants will run between $100 million and $150 million. The deadline to apply for a grant was yesterday.
From the article: Candidates for the money are required to p...
Krugman, Soros and Roubini: how to fix the crisis
in Sox First, on May 26, 2009
...f the deficits, over time that's going to be a painful political choice to make. So we need the stimulus in the short run, but we need to restore medium-term fiscal sustainability. Soros says we ...
Entering an Era of Virtual Currencies?
in Bizinformer, on May 23, 2009
... they buy things with it - hamburgers, gasoline, and sometimes other small things. Then there's checks and credit cards. We pretend they're money and much of the time that works for us. Th...
Britain to lose AAA rating, US is next
in Sox First, on May 23, 2009
...ying up at a time when the financial crisis is putting pressure on governments around the world for stimulus spending. And of course, the perverse irony is that the US is running up a budget deficit ...
Downturn easing without recovery
in Sox First, on May 12, 2009
...
On one hand, we have billionaire financier George Soros saying that all the stimulus packages are starting work and that the financial crisis is easing. He predicts that Asia will be the first t...
Animal Spirits by George Akerlof and Robert Shiller
in Sox First, on May 4, 2009
...n, building on itself in the same way as Keynes "multiplier" for the impact of government stimulus packages. "Epidemics of confidence or epidemics of pessimism may arise mysteriously si...
The Invisible Hook by Peter Leeson
in Sox First, on April 29, 2009
...ed. Because the pirates owned and operated the ship, which they had stolen, they put in a system of checks and balances which merchant sailors did not have. Secondly, pirates had a system that ensure...
Tax Filing Tip
in The Personal Finance Weblog, on April 15, 2009
...ney.
While using an online tax preparation service, be sure to go through the corrections and checks that are offered in order to make sure your 1040 IRS taxes are error-free. Then, you can sleep bet...
Will Japan Subsidize Green Cars?
in IfEnergy, on April 8, 2009
...00,000 yen) subsidy. The Japanese media has been reporting that the subsidies will be part of a big stimulus package that may include money for energy-saving home appliances and other energy-saving te...
More bad news ahead, says Roubini
in Sox First, on April 8, 2009
...een shoots" in the US economy. Dr Doom, Nouriel Roubini, is expecting more bad news. All the stimulus packages are doing, he says, is slowing down the rate of decline. The latest dat seems to ...
Here we go again
in The CIO Weblog, on April 6, 2009
...re technology, one has to accept Larry Dignan's take on the reaction among those who sign the checks: the sheer amount of confusion and uncertainty created by the failure of this deal creates ri...
Advertising market crash
in Sox First, on April 2, 2009
...terms post-dotcom global advertising correction of 2001," Smith said. Don't expect the US stimulus package to help either. It won't result in increased consumer spending at a time when u...
Unemployment to soar: bleak times ahead
in Sox First, on March 31, 2009
...eptionally large, while the risks remain firmly inclined to the downside." He says all the stimulus packages won't help unless they are backed up by appropriate employment and social policie...
Japan's economic collapse
in Sox First, on March 30, 2009
...;s finance minister Kaoru Yosano has told The Wall Street Journal that the country's economic stimulus package will "far exceed" 2% of gross domestic product. But the real question wh...
Are Visa Rules a Form of Protectionism? India Thinks So...
in Global Mobility Report, on March 22, 2009
...k looked recently at the growing anger in India over new rules for H-1B visas for companies taking stimulus money. It's protectionism, say Indian critics, that Congress has banned companies recei...
Global recession: no co-ordination, no end.
in Sox First, on March 20, 2009
...cies. As The Scotsman reports, Europe's leaders have rejected US pressure for another fiscal stimulus but they can't agree on whether there should be more rigorous controls on banks. The Eur...
Obama Set to Help Small Business
in Biz Plan Hacks, on March 16, 2009
... steps on Monday to make it easier for small business owners to borrow money, using $730 million in stimulus funds to cut lending fees, boost loan guarantees and expand other programs, officials said....
A.I.G. Lists Firms It Paid With Taxpayer Money
in Wangtam, on March 16, 2009
...' Is One of Puget Sound Prizes in Stimulus
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OMNIBUS Bill Passes: AIP Funded for Over $300 Billion
in The Aviation Weblog, on March 12, 2009
...nding provided by the omnibus comes in addition to the $1.1 billion for AIP grants included in the stimulus package, bringing total AIP funding for the fiscal year to a record $4.615 billion. ...
Things I Should Have Blogged About...
in Bizinformer, on March 10, 2009
...ost experienced people if you're planning on life after the recession.
On February 20th, The Stimulus' Key Small Business Tax Provisions . A good look at one way the Stimulus Plan may affec...
Global recession on its way
in Sox First, on March 9, 2009
...y, we are in for at least three years of hard times. It might pick up a bit this year, with all the stimulus packages coming through but the fundamentals say the rebound won't last....
Don't count on China
in Sox First, on March 5, 2009
... the without the US, Japan, UK, and EU consumers going out to buy again. Any boost from China's stimulus package will be short-lived because the odds are stacked against it. As investor Jim Roger...
Are we headed for a Depression?
in Sox First, on March 5, 2009
... "Dr Doom" Roubini has told Time Magazine says that in a perfect world and assuming the stimulus packages being handed out around the world actually work, we are looking at a two-to-three ...
Counterpoint: Employers snoop away!
in The CIO Weblog, on March 4, 2009
... how likely they are to show up drunk at work or to fondle a female coworker, then sure, background checks would be excessive. But I have yet to hear anyone bring that up in an interview, and though L...
WagerLog: Track Your Gambling Stats
in Wangtam, on February 26, 2009
..., Too
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The Bernanke-Obama dance
in Sox First, on February 25, 2009
...might be saved. Some economists say the global economy might pick up a bit this year, with all the stimulus packages coming through. But no-one knows how sustainable that is. Even if things do improv...
The Great Depression Ahead by Harry S Dent
in Sox First, on February 21, 2009
...h he warns are likely to go to $180+ if there is a significant recovery in 2009 coming from all the stimulus packages being introduced around the world. The next boom will happen from 2023 to 2036, if...
Stimulus Hype: Sorting Out Keynes (Part III)
in Bizinformer, on February 15, 2009
...So now there's a stimulus package pretty much in place. And whatever all the Right Wingers in the blogosphere may think about it, it's based at least partly on Keynesian economic theory. Will ...
Are British And American Banks Headed Towards Nationalization?
in Exclusive from our news room , on February 11, 2009
...President Barack Obama's economic stimulus package passed the combined Senate and House today and the stock market's reaction to it was a decent increase of 50 points.
However, there are thos...
House And Senate Agree On The Economic Stimulus Package
in Exclusive from our news room , on February 11, 2009
...The economic stimulus package has been honed down by some $100 billion which was enough for Senate Republicans to cause them to support President Obama's wish list.
The nearly $800 billion tax cu...
President Obama Is A Hit In Republican Dominated Fort Myers
in Exclusive from our news room , on February 10, 2009
...ma was very well received during the spirited event and concentrated on explaining how his economic stimulus package will help people at the grassroots level.
Here's the full story on Obama'...
Barack Obama's Stimulus Package Passes Senate Test Vote
in Exclusive from our news room , on February 9, 2009
...The Senate has passed Barack Obama's stimulus package with the help of 3 Republicans.
By a vote of 61 - 27 the latest government stimulus package took a step closer to adoption after Democrats an...
Stimulus Hype: A Populist Plan? (Part II)
in Bizinformer, on February 9, 2009
...d last week that I'd spent a fair amount of mental energy trying to decide what to think of the stimulus battle and that it's not an easy subject to unravel. One of the articles that puzzled m...
Can You Predict Your April Sales This Year? (I Think Not...)
in Biz Plan Hacks, on February 8, 2009
...f course not. But after that one bright spot they go on to explain all that's wrong with the stimulus package. I didn't feel very edified...
The truth, though, is dark. And it's illustr...
Stimulus Hype: Will the Stimulus Work? (Part I)
in Bizinformer, on February 7, 2009
...ent weeks I have spent a considerable amount of mental energy trying to decide what to think of the stimulus battle. It's not an easy subject to unravel.
I've found a handful of interesting a...
Senate Vote On Barack Obama's Stimulus Package May Take Place Today
in Exclusive from our news room , on February 6, 2009
...President Barack Obama's stimulus package is still in the Senate undergoing scrutiny and debate on an intense level.
In addition to the expected delays and objections being raised by the Republi...
E.U. At Odds With America Over "Buy American" Rules
in Exclusive from our news room , on February 4, 2009
...ng that American made steel, for example, is used by manufacturers who accepted government economic stimulus funds.
Click here to find out how this adversely affects America's European trading ...
It's the End of January. Do You Know Where Your Rebate Data Is?
in The Personal Finance Weblog, on January 24, 2009
...o get the money, according to Yahoo Finance . Track down your rebate data. Did you get an economic stimulus payment last year? That amount really was an advance credit against your 2008 return. The a...
American Building Industry Seeking Federal Bail Out Funds
in Exclusive from our news room , on January 22, 2009
...ave either received or soon will receive some corporate welfare compliments of the current economic stimulus package.
Now the building industry, specifically those companies who build houses, are sta...
US economy, Pearl Harbor and Barack Obama
in Sox First, on January 20, 2009
...bailout fund but a vote of 52 to 42 suggests there could be future resistance to more bailouts and stimulus packages. Also, foreign investors might balk at the US spending its way out of recession wi...
British Pound Sinks To Seven Year Low
in Exclusive from our news room , on January 20, 2009
...urn.
Britain's small businesses and real estate industry have started receiving their economic stimulus payments but it will take a while before these funds have a positive impact on the country&...
More handouts: who's next?
in Sox First, on January 2, 2009
...eports that the steel industry is lining up for its share, mostly in the form of Barack Obama's stimulus package which they hope will be worth $1 trillion over two years. Then, Reuters reports t...
Are we all Keynesians now?
in Sox First, on December 30, 2008
...a giant slush fund and with the incoming administration of Barack Obama preparing a two-year fiscal stimulus package that could end up costing something close to $1 trillion, questions are being asked...
Economic forecasts - dark days ahead
in Sox First, on December 22, 2008
...ents spend more. "Our forecast, already very dark ... will be even darker if not enough fiscal stimulus is implemented," he said. Things are so bad that Toyota has forecast its first ...
France May Infuse Stagnant Economy With Additional Stimulus Funds
in Exclusive from our news room , on December 21, 2008
... German Government has stated that it is exploring the possibility of granting a recession fighting stimulus package of its own.
...
Adobe CS4 Photoshop and Illustrator Review
in Wangtam, on December 19, 2008
...erce Spending Again this Holiday Season ...
Obama Wants Mammoth Economic Stimulus Package Ready For Inauguration Day
in Exclusive from our news room , on December 19, 2008
...If Barack Obama has his way he'll be signing the largest and most far reaching economic stimulus package on Inauguration Day.
This bit of economic relief, estimated to be close to a trillion doll...
Obama: it will take years to recover
in Sox First, on December 19, 2008
... budget deficit is growing to more than 9% of GDP and could get wider on an aggressive Obama fiscal stimulus package. Federal Government debt is 50% of GDP and is on track to reach 80% in the next few...
Will Obama's job plan work?
in Sox First, on December 7, 2008
...e payments. So consumer spending is also falling off a cliff." More to the point, he says any stimulus package needs to be broad. "It should be focused on job creation in the United States ...
No quick fix for US housing market
in Sox First, on December 5, 2008
...ding more. But there are no simple solutions. As Amy Hoak at MarketWatch points out, even with a stimulus we are looking at least another 12 months before things start picking up. And you need a bi...
China's growth slows down
in Sox First, on November 26, 2008
... will slip to 7.5%. Now that is a real concern, given that China had come out with its eye-popping stimulus package , although as Paul Maidment at Forbes points out, we don't actually know how ...
Recession: the worst is yet to come
in Sox First, on November 13, 2008
...
Any hope of the Paulson bailout or the China stimulus package saving the world has faded with news that Germany has officially entered a recession. Germany is the driver of the European economy...
Don't expect China to save the world
in Sox First, on November 13, 2008
...the millions of people. And finally, it remains despite its rapid growth a poor country. "The stimulus package also reminds us that the Chinese authorities aren't above using a few of the &q...
Beijing's Stimulus Package a Flop?
in China Venture News, on November 11, 2008
...The $586 billion stimulus package Beijing announced Sunday was a flop with the markets, at least. Seeking Alpha estimates that the effect of the stimulus package on the stock markets in China &quo...
China Unveils Stimulus Package
in China Venture News, on November 9, 2008
...ational Herald Tribune , Bloomberg , the WSJ ) are reporting that China has unveiled $586 billion stimulus package that it hopes will bolster domestic demand and help avert a global recession.
This...
Obama's to-do list
in Sox First, on November 7, 2008
...
Earlier this week, I said that an Obama administration would have to bring in a massive fiscal stimulus to try and kick start the US economy. But of course, that's only one item on the to do ...
Financial crisis affects iPhone supply chain
in Supplychainer, on November 6, 2008
...n the 10% production cut he had previously expected. A UBS analyst also reported this week that his checks find "iPhone production and the associated supply chain may be experiencing some increme...
Obama or McCain? Which will be better for markets
in Sox First, on November 4, 2008
...to date. Bloomberg reports that economists Martin Feldstein and Nouriel Roubini say the economic stimulus package will may have be enormous, starting at about double the 2007 federal budget deficit...
Tips for the serious bootstrapper
in BootStrapMe, on October 11, 2008
...ment, it's time to take some serious stock.
Unlike the funded model, there may not be any big checks in your immediate future to solve some of your major problems (like having neither the time n...




